Local stock market swept up in global equities selloff
The defensive growth characteristics of many NZX constituents should provide some resilience, says analyst.
Global markets are down on tariffs.
Nicholas Pointon and Brent MelvilleFri, 04 Apr 2025
The local stock market has caught a whiff of the fear that has ripped through global capital markets overnight, opening 1.2% lower this morning and moving only as far as 1.3% down by midday.
Wall Street’s main indices have been hammered following US President Donald Trump’s ‘Liberation Day’
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